726 hedge funds and large institutions have $10.8B invested in CarMax in 2025 Q2 according to their latest regulatory filings, with 104 funds opening new positions, 260 increasing their positions, 274 reducing their positions, and 116 closing their positions.

New
Increased
Maintained
Reduced
Closed

more call options, than puts

Call options by funds: $ | Put options by funds: $

more ownership

Funds ownership:

less repeat investments, than reductions

Existing positions increased: | Existing positions reduced:

less funds holding

Funds holding:

10% less first-time investments, than exits

New positions opened: 104 | Existing positions closed: 116

12% less capital invested

Capital invested by funds: $12.2B → $10.8B (-$1.45B)

41% less funds holding in top 10

Funds holding in top 10: 2213 (-9)

Holders
726
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
13
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
Reduced
Closed
Calls
$184M
Puts
$108M
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
1IA
426
1834 Investment Advisors
Wisconsin
$468K
HBWM
427
Hollow Brook Wealth Management
New York
$468K
SFC
428
SYM Financial Corp
Indiana
$467K
OSAM
429
O'Shaughnessy Asset Management
Connecticut
$465K
HWM
430
HB Wealth Management
Georgia
$462K
BW
431
Blalock Williams
Alabama
$461K
PCC
432
Park Circle Company
Maryland
$454K
SCM
433
Stevens Capital Management
Pennsylvania
$449K
Nomura Asset Management
434
Nomura Asset Management
Japan
$446K
TRCT
435
Tower Research Capital (TRC)
New York
$444K
PAM
436
Panagora Asset Management
Massachusetts
$441K
UCB
437
United Community Bank
South Carolina
$437K
VFP
438
Verus Financial Partners
Virginia
$435K
PEAK6
439
PEAK6
Illinois
$433K
Envestnet Portfolio Solutions
440
Envestnet Portfolio Solutions
Illinois
$428K
RCG
441
Ruane, Cunniff & Goldfarb
New York
$422K
HHRDM
442
H&H Retirement Design & Management
Nevada
$420K
IWA
443
Icon Wealth Advisors
Texas
$419K
RCA
444
Resonant Capital Advisors
Wisconsin
$412K
HR
445
Hardy Reed
Mississippi
$407K
NSEDCP
446
NJ State Employees Deferred Compensation Plan
New Jersey
$403K
CC
447
Chicago Capital
Illinois
$403K
GM
448
GeoWealth Management
Illinois
$401K
Northwestern Mutual Wealth Management
449
Northwestern Mutual Wealth Management
Wisconsin
$401K
FIA
450
Foundations Investment Advisors
Arizona
$400K